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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 28, 2021
Mar. 29, 2020
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 47,513 $ 21,187  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 22,521 17,175  
Stock-based compensation expense 4,298 4,311  
Amortization of convertible notes debt discount 1,769 1,723  
Other non-cash items 1,595 750  
Change in operating assets and liabilities, net of acquisitions of businesses:      
Trade receivables (76,350) (66,453)  
Inventories (24,398) (18,211)  
Prepaid expenses and other assets 9,587 9,649  
Accounts payable, accrued liabilities and other 63,757 43,033  
Net cash provided by operating activities 50,292 13,164  
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (14,239) (7,580)  
Proceeds from sale of property, plant and equipment 58 21  
Business acquisitions, net of cash acquired (28,864) (24,281)  
Other (2,000) 0  
Net cash used in investing activities (45,045) (31,840)  
CASH FLOWS FROM FINANCING ACTIVITIES      
Borrowings on revolver 117,475 6,720  
Repayments on revolver (144,475) (6,720)  
Stock repurchases under buyback program 0 (15,550)  
Cash dividends paid to shareholders (6,573) (5,837)  
Taxes paid for share-based payment arrangements (14,464) (2,747)  
Payment of deferred financing costs and other 0 (57)  
Payment of contingent consideration from a business acquisition 0 (2,000)  
Proceeds from exercise of common stock options 4,194 0  
Net cash used in financing activities (43,843) (26,191)  
Decrease in cash and cash equivalents (38,596) (44,867)  
Cash and cash equivalents at beginning of year 44,767 139,390 $ 139,390
Cash and cash equivalents at end of period 6,171 94,523 $ 44,767
Supplemental Cash Flow Information [Abstract]      
Increase (decrease) in accrued capital expenditures $ (2,816) $ 57